DSN Group Q1 2018 Results Update - - PDF document

• DSN Group Q1 2018 Results Update

Palm Oil operations in 2017 show a strong rebound from the 2016 production declines prompted by the El Nino

PT Dharma Satya Nusantara Tbk (DSNG.JK)

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• C. Kal
• W. Kal
• E. Kal
• N. Kal

1 2 3 4 5 6

Our estates are clustered across East, West and Central Kalimantan, with acquisitions AAN & MNS in the West

Nucleus

(‘000 ha)

Total 153.9 Planted 69.4 Mature 63.9 1 2 3 4 5 6

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Q1 2018 Results Update

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Our planting activity has been curtailed from 2016 pending full environmental reviews for newer areas

PT Dharma Satya Nusantara Tbk (DSNG.JK)

=1,000ha

Our planting and age profile to date suggest continuing FFB yield expansion from 2018 onward

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=1,000ha

Q1 2018 Results Update

• 2017 FFB production recovered to aggregate standard

yield levels for our largest and oldest estates

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PT Dharma Satya Nusantara Tbk (DSNG.JK)

Nucleus FFB volume declined by 25% in Q1 from the unseasonably strong quarter in the previous year

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Q1 2018 Results Update

• Mill 6

Mill 7 Mill 3 Mill 1 Mill 4 Mill 2 Existing CPO Mills Trans-East Kal. Hwy DWT DIN SWA DAN KPS

• Our most developed cluster - with 5 estates, 6 CPO Mills

and 56,000 ha - is nearly the size of Singapore

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PT Dharma Satya Nusantara Tbk (DSNG.JK)

Q1 CPO declined 19.0% Y-o-Y, while Q1 OER’s and FFA levels continued to improve on higher quality harvests

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• Q1 2018 Results Update

DSN’s CPO productivity of 5.6 t/ha in FY2017 bettered our FY2016 performance by 29.4%.

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PT Dharma Satya Nusantara Tbk (DSNG.JK)

DSN’s Q1 2018 CPO sales volume of 82 thousand tons was 16% below 2017, with CPO revenues lower by 27%

• Refineries

DSN Estates DSN Customers DSN Ports

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Q1 2018 Results Update

Our Palm Oil segment Profit Before Tax fell 66% in Q1 2018, driven by comparatively weak volume and pricing

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PT Dharma Satya Nusantara Tbk (DSNG.JK)

• DSN is also a sizable wood products manufacturer with reputable

brand names & long-standing global client relationships

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Q1 2018 Results Update

Q1 2018 Financial Summary

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PT Dharma Satya Nusantara Tbk (DSNG.JK)

* Restated **Total debt excludes debt backed by restricted cash

Q1 2018 Operations Summary

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Q1 2018 Results Update

• DISCLAIMER: This presentation may contain forward-looking statements that involve risks and uncertainties. Actual future

performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Although the Company believes that such forward-looking statements are based on reasonable assumptions, it can give no assurance that such expectations will be met. You are cautioned not to place undue reliance on these forward looking statements, which are based on the current view of the management on future events. Unless otherwise stated, the Company is the source for all data contained in this presentation. Such data is provided as at the date of this presentation and is subject to change without notice. No reliance may be placed for any purposes whatsoever on the information contained in this presentation, or any other material discussed at the presentation, or on the completeness, accuracy

• r fairness thereof.

The information in this presentation has not been independently verified. No representation, warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information and

• pinions in this presentation. None of the Company or any of its agents or advisers, or any of their respective affiliates, advisers
• r representatives, undertake to update or revise any forward-looking statements, whether as a result of new information, future

events or otherwise and none of them shall have any liability (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents or otherwise arising in connection with this presentation. This presentation also contains certain statistical data and analyses which have been prepared by the Company and/or other

• sources. Numerous assumptions were used in preparing the Statistical Information, which assumptions may or may not appear
• herein. As such, no assurance can be given as to the Statistical Informations accuracy, appropriateness or completeness in any

particular context, nor as to whether the Statistical Information and/or the assumptions upon which they are based reflect present market conditions or future market performance.